Post by
LowMoor on Jul 19, 2020 8:06am
posted on ceo.ca
(1998) Situated near Ely, Griffon cranks out 1,000 oz. per week at a cash cost of US$145 per oz
https://www.northernminer.com/news/alta-pours-gold-at-olinghouse/1000162754/
Comment by
tanneri on Jul 20, 2020 8:26am
And gold was only $455/oz back in Sept of 98' . These guys profit per oz. is going to be significantly larger now compared to then if then can pull 1000 oz. a week still !!
Comment by
LowMoor on Jul 20, 2020 8:48am
Yes, absolutely. The POG collapsed to under $300.00 for several years at that time. Long time ago.
Comment by
tanneri on Jul 20, 2020 9:50am
20k volume at open last Monday, 178k today. Somethings happening ?